Comments from the German Fin Min:
- Conditionality can be flexible, must heed principles
- First impression of Greek list of reforms confirms view that talks won't be over soon
The euro hasn't reacted to these comments at all. German 10-year yields are up over the May highs and that's the driver at the moment as the euro climbs to 1.1170, nearly 90 pips from the Draghi press conference low after he was downcast on growth.
